WASHINGTON, D.C. (RFD NEWS) — The latest World Agricultural Supply and Demand Estimate (WASDE) report from the U.S. Department of Agriculture (USDA) for February (PDF Version) points to tighter dynamics and stronger prices across much of the livestock and dairy complex in 2026, even as total red meat and poultry production edges higher.
Beef and pork production were both revised upward, while poultry output was trimmed, reflecting shifting herd dynamics, disease impacts, and evolving demand.
Beef production is now projected to be higher due to increased slaughter of steers, heifers, and cows, along with slightly heavier dressed weights. While the January Cattle Inventory report confirmed a smaller 2025 calf crop, USDA expects more cattle outside feedlots to be available for placement early in 2026. Pork production was also higher due to higher slaughter levels and modestly heavier weights in the first half of the year.
Farm-Level Takeaway: Higher livestock prices reflect resilient demand, even as disease and herd shifts reshape 2026 supply expectations.
Tony St. James, RFD NEWS Markets Specialist
In contrast, broiler and turkey production forecasts were lowered for early 2026. Recent hatchery data and Highly Pathogenic Avian Influenza-related culling weighed on poultry and egg production, tightening supplies into the first quarter.
Trade and price outlooks turned supportive. Beef imports rose due to strong demand for lean processing beef, while pork exports increased due to improved competitiveness. Fed-cattle and hog prices were raised across all quarters, and the all-milk price was lifted to $18.95 per hundredweight.
Watch highlights and reactions to the February WASDE Report from today’s Market Day Report:
Texas Farm Bureau President Russell Boening joined us with the latest update on storm conditions and impacts across the state.
January 26, 2026 04:30 PM
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Meat stocks rose seasonally but remain below last year overall, while tighter butter inventories could support dairy prices, and belly stocks warrant close watch for pork markets.
January 26, 2026 03:00 PM
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A mid-January winter storm delivered snow, ice, and extreme cold to a broad swath of the U.S., disrupting transportation, stressing livestock systems, and adding cost and complexity to winter farm operations as producers look toward spring.
January 26, 2026 01:10 PM
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Heavier weights and strong late-year slaughter supported December production, but lower annual totals highlight ongoing supply tightness heading into 2026.
January 26, 2026 11:19 AM
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Strong production and rising stocks may pressure ethanol margins unless demand or exports continue to improve.
January 26, 2026 10:00 AM
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Rising import pressure and tougher export competition are likely to persist into 2026, supporting domestic supplies while capping export growth.
January 26, 2026 09:56 AM
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The National Cattlemen’s Beef Association and Public Lands Council published a joint press release regarding the advancement of legislation to delist the Mexican Gray Wolf from the Endangered Species Act.
January 23, 2026 05:05 PM
Placements and marketings beat expectations, but declining on-feed totals and feeder constraints keep the supply story supportive for cattle prices into 2026. Dr. Derrell Peel, with Oklahoma State University, joined us to break down cattle-on-feed numbers and provide his broader market outlook.
January 23, 2026 04:40 PM
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USDA Rural Development Director for Kentucky, Travis Burton, joined us to discuss the Princeton facility (formerly Porter Road Meats), now backed by the USDA, and its role in expanding domestic meat processing capacity.
January 23, 2026 03:39 PM
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